PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. In addition to Alexa, the restaurant chain is also turning to other digital innovations. In Other Brick-and-Mortar News. Kroger Co. And Target Corp.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

JUNE 13, 2018

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.”

Software 108

Software Retail Branding Management 108

PYMNTS

FEBRUARY 7, 2020

Warehouses, though still manually operated, are in need of more automation and robotics technology to accommodate the massive challenges and demands created by the prevalence of online platforms. Nike, through the new partnership, aims to introduce more robots to help speed up their operations.

blockchain 195

blockchain Operations Apple Online 195

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Castle, founded in 2015, said it has raised $9.2 Fraud Prevention Innovation. Fraud Case Study.

Retail 118

Retail Fraud Case Study San Francisco 118

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Payment disruption and innovation.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

MARCH 18, 2016

billion in 2015, while net shareholder profit sank 4.6 To his credit, Fung did attempt to assuage concerns about all of his company’s operations. percent more revenue in 2015 than the year before. The changes happening [in] retail are impacting everyone along the value chain,” Fung said, according to FT.

Retail 100

Retail Innovation US Operations 100

PYMNTS

JUNE 15, 2016

” That’s been a law of the natural retail world for as long as head-to-head competition has been the means by which one brand sinks and another brand swims. And like Walgreens is now painfully aware, sometimes the mad dash to gobble up innovative startup partners can lead merchants down a dark path.

Innovation 100

Innovation Retail Arizona Branding 100

PYMNTS

MAY 4, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri. The Rocky Mountain High Cheeseburger.

Innovation 134

Innovation Los Angeles New York City Course 134

PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. The firm, which is now based in New York, was started in 2015 in Tel Aviv. online shopping vertical per eMarketer. Fabric, a U.S.-Israeli

Online 141

Online Regional New York Retail 141

PYMNTS

JANUARY 7, 2021

AppHarvest is working to build indoor farms, combining the conventional agriculture technique with innovative tech to grow affordable fruits and vegetables at scale, the release stated. billion in funding to accelerate manufacturing, product development and distribution into key national grocery, restaurant, and hospitality venues.”.

Kentucky 159

Kentucky Operations National Strategy 159

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

JULY 8, 2016

Especially when a company like Amazon seems to operate above and beyond what other merchants are capable of, stealing a page from its playbook doesn’t seem like such a terrible idea. Imitation might the sincerest form of flattery, but sometimes, it’s also not a terrible way to run a business.

Retail 100

Retail Operations Company Innovation 100

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

MAY 5, 2016

Now that Apple’s less-than-stellar earnings report has had time to propagate throughout the industry, the commonsense takeaway is that the company has lost a piece of the innovation mojo that has defined the brand for so long. Haters beware — Apple isn’t taking that criticism laying down.

Apple 100

Apple Google Innovation Branding 100

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

AUGUST 14, 2017

You will observe grocery, as a retail category, is very fragmented. billion fine onto Google, claiming that their product carousel ads created an unfair advantage to small guy retailers who didn’t have the money to advertise. I’ll point out that those retailers did, apparently, have the money to hire lawyers.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

SEPTEMBER 12, 2016

In 2015, Americans ate $7.7 is a 4–6 ounce plastic cup with a retail sale price that is less than a dollar, Americans are buying an awful lot of yogurt. And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. Innovation-Minded.

Innovation 100

Innovation New York United States Retail 100

PYMNTS

OCTOBER 2, 2017

“Retail isn’t dead; it needs a revival.”. With a list of bankruptcies growing ever longer, suburbs hosting the carcasses of scores of dead and dying shopping malls and foot traffic on an ever-falling curve, it’s not hard to draw the conclusion that retail — or, at least, the brick-and-mortar version of it — is dead.

Technology 168

Technology Retail Branding Innovation 168

PYMNTS

MARCH 9, 2016

Everybody likes to talk about the addiction that brick-and-mortar retailers have developed for deep, and often destabilizing, discounts, and they usually point to store closings and executive board shakeups at Macy’s and other chains as clear proof of these practices’ consequences. Still, the label indicates that the $99.99

Retail 100

Retail Online New York Video 100

Bank Innovation

MARCH 15, 2019

Steele told Bank Innovation that the Swiss firm saw about 400% cloud deployment growth amongst its clients from 2015 to 2017, with the most significant growth occurring in Latin […].

America 150

America Software Innovation Operations 150

PYMNTS

MAY 9, 2017

It is no longer quite a mom-and-pop operation anymore — in 2015 Cha sold a controlling interest in the company to Richmond-based Boxwood Capital Partners. So how did the company manage to innovate something as simple as frozen yogurt? .” Over the past decade, it might just have been the most innovative dessert.

Innovation 100

Innovation social media Community New York 100

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. Corporate payments have not seen the same level of innovation as consumer payments. ” Beringea, based in both the U.K. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

DECEMBER 23, 2020

billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.” Absent that registration, investors do not get the “material information that every year hundreds of other issuers include in such statements when soliciting public investment.” “It’s an attack on the entire crypto industry and American innovation.”

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

OCTOBER 23, 2019

According to reports , the funding round also had participation from Playground Ventures, Temasek, Aleph, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors and La Maison. The company was started in 2015 in Tel Aviv and is now based in New York. So far, Fabric has raised $136 million.

New York 100

New York Operations Retail Resources 100

PYMNTS

NOVEMBER 30, 2020

Founded in 2015 by Brad Birnbaum, chief executive officer, and Jeremy Suriel, chief technology officer, Kustomer is an omnichannel software-as-a-service (SaaS) and customer relationship management (CRM) firm that specializes in chatbot technology. Shopify teamed up with Kustomer in July to advance more efficient operations.

New York 140

New York Software Capital Regulation 140

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

APRIL 7, 2016

HBC and its subsidiaries, which include Saks Fifth Avenue and Saks OFF 5TH, held its Q4 2015 earnings call on Tuesday (April 5), and there was happy news to go around: Consolidated store sales had increased 70.4 percent to $4.5 billion, and same-store sales were up 1.8 What does HBC plan to do with the revenue of its successful quarter?

Retail 100

Retail Innovation Capital Groups 100

PYMNTS

MARCH 25, 2019

The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical to optimizing the payments experience and innovating new payments flows. All things that could get merchants to come around to the “if you can’t beat ‘em, join ‘em” mentality, in what is now a very challenging retail environment.

Payments 198

Payments Innovation Branding Operations 198

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 North American ATM operating revenue increased 3 percent, but was offset by lower revenue in the U.K. Late Thursday (Nov.

ATM 155

ATM Cards Operations Regional 155

Bank Innovation

AUGUST 12, 2016

Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. Now Citigroup‘s innovation unit has lost its CEO. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a new Read More.

Fintech 150

Fintech Innovation Technology social media 150

PYMNTS

MAY 9, 2016

The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. From Q1 2015 to Q4 2015, the fraud attack rate on United States merchant websites skyrocketed from nine attacks per 1,000 transactions to 27 attacks per 1,000 transactions — a 215-percent increase.

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

APRIL 30, 2019

Citing sources familiar with the matter, Bloomberg reported that the investment will probably be led by the newly formed Innovation Fund, which was launched by SoftBank Chief Operating Officer Marcelo Claure for technology investments in Latin America. If it closes, it would be SoftBank’s largest investment in Latin America.

America 151

America Regional Mobile Management 151

PYMNTS

NOVEMBER 27, 2020

According to Walmart’s Srini Venkatesan, executive VP at Walmart Global Tech, the acquisition gives Walmart access to a network of 540 official merchant partners, and more than 30,000 people have served as drivers or “Runners” since the service launched in 2015. All other services are operating normally. On Wednesday Nov.

social media 220

social media Operations Data New York 220

PYMNTS

DECEMBER 6, 2019

West recently spoke with PYMNTS about how the chain supports ordering innovations and examines customers’ preferences to improve future experiences. . “In In addition to menu innovation, digital innovation is core to the experience we are looking to deliver to our customers,” West said. . Real Ingredients Meet AI.

Strategy 130

Strategy Innovation Digital Strategies System 130